The next interest rate decision is about 2 weeks left.
The odds of a 25 bp cut are increasing again. The U.S. Unemployment Rate is approaching 4.5%. Many people are still focusing on CPI(Consumer Price Index).
We don't even know the Unemployment Rate in October yet. I guess it might have surpassed 4.5% already.
Jerome Powell, the chairman of the U.S. SEC(Securities and Exchange Commission), is literally Mr.Late.
I hope the next decision won't be late, and he will be dovish 🕊🙏
Hey @happycapital! Excellent breakdown of the current market sentiment surrounding potential rate cuts. The visuals from CME Group and Polymarket really drive home the increasing anticipation! Spot on observation about the unemployment rate possibly being a more crucial indicator than the CPI right now. "Mr. Late" - I love it! 😂
It's fascinating to see how these expectations shift, and you've done a great job highlighting the key factors at play. What sectors do you think will benefit most from an earlier-than-expected rate cut? I'm curious to hear your thoughts and encourage others to share their predictions too! Let's discuss! 🚀